£479,990
This estimated value is based upon the latest sale price for the house of £175,000 on 16 Aug 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Churchgate Lakes, Rectory Lane, Battlesbridge, SS11 7QR
Phone: 01245378721
| Price Paid | Date |
|---|---|
| £175,000 | 16 Aug 2002 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in August 2002 the House Price Index for ESSEX was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £175,000 results in an estimated price of approximately £479,990.
| 16 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £175,000 | £304,990 | £479,990 |
The Postcode Pricing Model uses changes in average sales price within the SS7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 47.041 % | £82,322 | £257,322 |
| 3 Month Average | 163.303 % | £285,779 | £460,779 |
| 6 Month Average | 160.627 % | £281,097 | £456,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £406,011 | £400,000 | 17 SHERRY WAY |
| 27 Sep 2023 | £486,976 | £480,750 | 24 WESTERN ROAD |
| 3 Aug 2023 | £605,295 | £600,000 | 6 SHERRY WAY |
| 23 Jun 2023 | £496,008 | £490,000 | 57 WESTERN ROAD |
| 2 Jun 2023 | £440,334 | £435,000 | 21 WESTERN ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 5 Jul 2021. Using an estimated price of £479,990 means this house is valued at £5,454 per sq meter (£506 per sq foot).
The average size of a house on WESTERN ROAD is 133 sq meters (1,432 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Western Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Western Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlin Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlin Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Marlin Close |